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Global Respiratory Care Devices Market Forecast to 2030
The global respiratory care devices market size is expected to reach USD 38.67 Billion in 2030 at a steady revenue CAGR of 8.5% during the forecast period, according to the latest analysis by Emergen Research. One of the primary factors driving revenue growth of the market is rising prevalence of preterm births. Every year, an estimated 15 million infants are born prematurely, that is more than one in every ten infants. Every year, around 1 million children die as a result of preterm delivery problems. Many survivors would be disabled for the rest of their lives, including learning difficulties and vision and hearing issues. The bulk of premature births occur in Africa and southern Asia; however, preterm birth is a worldwide issue. Premature newborns frequently experience Respiratory Distress Syndrome (RDS). It can cause newborns to require more oxygen and assistance with breathing. As a result, demand for effective respiratory care devices is expected to rise driven by increase in preterm births.
The analysis provides accurate growth pattern estimates and looks at the factors influencing market growth in the global Respiratory Care Devices market. The report's primary focus is on the key market constituents, including market drivers, restraints, opportunities, threats, risks, restrictions, and other factors. The research includes comprehensive studies of the company profiles, product portfolio, and corporate expansion strategies, in addition to a complete investigation of the competition landscape.
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Competitive Terrain:
The global Respiratory Care Devices industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
ResMed, NIHON KOHDEN CORPORATION, Koninklijke Philips N.V., Masimo, Fisher & Paykel Healthcare Limited, Getinge AB, Medtronic plc, General Electric Company, VYAIRE, and Drägerwerk AG & Co. KGaA
Research Report on the Respiratory Care Devices Market Addresses the Following Key Questions:
- ¿Who are the dominant players of the Respiratory Care Devices market?
- ¿Which regional market is anticipated to have a high growth rate over the projected period?
- ¿What consumer trends and demands are expected to influence the operations of the market players in the Respiratory Care Devices market?
- ¿What are the key growth drivers and restraining factors of the Respiratory Care Devices market?
- ¿What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-¿19 pandemic on the Respiratory Care Devices market and its key segments?
Market Overview:
The report bifurcates the Respiratory Care Devices market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
- Product Outlook (Revenue, USD Billion; 2019–2030)
- Therapeutic Respiratory Care Devices
- PAP Devices
- CPAP Devices
- APAP Devices
- BiPAP Devices
- Ventilators
- PAP Devices
- Therapeutic Respiratory Care Devices
- ICU Ventilators
- High-End Ventilators
- Mid-End Ventilators
- Basic Ventilators
- Portable Ventilators
- Nebulizers
- Humidifiers
- Heated Humidifiers
- Passover Humidifiers
- Oxygen Concentrators
- Fixed Oxygen Concentrators
- Portable Oxygen Concentrators
- Inhalers
- Metered-Dose Inhalers (MDIs)
- Dry Powder Inhalers (DPIs)
- Reusable Resuscitators
- Nitric Oxide Delivery Units
- Oxygen Hoods
- Monitoring Devices
- Pulse Oximeters
- Pulse Oximeter Sensors
- Pulse Oximeter Equipment
- Capnographs
- Gas Analyzers
- Pulse Oximeters
- Diagnostic Respiratory Care Devices
- Spirometers
- Polysomnography Devices (PSG Devices)
- Peak Flow Meters
- Others
- Consumables & Accessories
- Masks
- Reusable Masks
- Disposable Masks
- Disposable Resuscitators
- Tracheostomy Tubes
- Breathing Circuits
- Nasal Cannulae
- Others
- Disease Indications Outlook (Revenue, USD Billion; 2019–2030)
- Chronic Obstructive Pulmonary Disease (COPD)
- Sleep Apnea
- Asthma
- Infectious Diseases
- Others
- End-use Outlook (Revenue, USD Billion; 2019–2030)
- Hospitals
- Home Care Settings
- Ambulatory Care Centers
Regional Landscape section of the Respiratory Care Devices report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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